Palm tracks rival vegetable oils higher
Malaysian palm oil futures rose on Wednesday, tracking rival vegetable oils in Dalian Commodity Exchange and overnight gain in Chicago soyoil, recouping some of the previous session’s losses.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 44 ringgit, or 1.13%, to 3,927 ringgit ($834.47) a metric ton as of 0235 GMT. It gained 1.06% in overnight trade.
Read also
Ukraine 2026–2030: Global Drivers and Local Transformation
Ukraine Adjusts to Costly Spring Campaign and Builds a New Farming Model
Thailand promotes the use of B20 biodiesel with subsidies
Ukraine offers new-crop grain without the usual discount to old-crop prices
World Bank develops roadmap to modernise wheat sector in Pakistan
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon